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ORLANDO-The locally based developer won the right to negotiate a contract with Osceola County to build a 500,000-sf convention center in Kissimmee, FL, three miles east of Walt Disney World and 10 miles south of the four-million-sf Orange County Convention Center.
STAMFORD, CT-UBS Warburg has completed its 338,000-sf expansion project at its US headquarters property here, including a 36,000-sf addition creating the largest securities trading floor in the world.
CHICAGO-Syndicated Equities Corp. closes six retail deals involving net-leased retail properties with credit tenants for more than $27 million across the US. The deal flurry includes a Walgreens outlet at 4748 W. North Ave., which sells at $4.2 million, an 8.43% overall capitalization rate.
IRVINE, CA-Total Renal Care inks a ten-year, $2.4-million lease to occupy a 10,300-sf facility here. The building, which is located in Irvine Oaks Executive Park, will be used as a dialysis center.
SEATTLE-The Seattle Art Museum today will give the public a peek at its plans for an 8.5-acre park. Designed by the New York City-based firm Weiss/Manfredi Architects, the former Unocal site will include a 7,000-sf pavilion.
BEAVERTON, OR-The publicly traded software company says Commercial Construction Knowledgebase allows facility managers and owners to quickly and accurately produce capital budgets.
NORTH HIGHLANDS, CA-An individual investor from the Bay Area of California picks up the two-story, 40-unit multi-housing complex. The property was sold by the Gordon England and Irma McClinton Trust of Nevada.
GRAND PRAIRIE, TX-The dual industrial structures had been on the market for six months at an asking price of $1.3 million. A local businessman in the Great Southwest Industrial Park steps forward to close the sale.
RENTON, WA-The buyers, looking for something to spend 1031 Exchange money on, spends an "astronomical" $167,000 per unit for the 182-unit Alexan Lake Washington, setting a new price-per-sf benchmark for the City of Renton.